ENERGY EFFICIENCY PROJECT - 3420.30

GS $Mart financing may be used for energy efficiency and sustainability projects. GS $Mart may not be used on buildings with bond financing unless prior approval has been received from the DOF. However, the approval of these projects is based on a cost- benefit analysis to substantiate there is enough energy savings derived to repay all associated project costs, including financing. A Life Cycle Cost (LCC) analysis model to conduct this evaluation is available from the Department of General Services (DGS). The LCC model must be used for this analysis.  The DGS will not approve any GS $Mart financing for such projects unless the applicant department certifies that the model has been applied and the results justify the acquisition of the asset on a cost- benefit basis.